$GHST /USDT – REJECTION FROM $0.715 AFTER STRONG SPIKE, WATCH THE RETEST ZONE

Market Analysis:

$GHST /USDT surged 11.17% to a 24H high of $0.715, but faced immediate rejection with a sharp wick down to $0.597. The move from the base of $0.501 was strong, but the rejection candle shows sellers stepping in aggressively above $0.70, creating short-term uncertainty.

Technical Levels:

24H High: $0.715

24H Low: $0.524

Current Price: $0.597

Resistance Zone: $0.630 – $0.715

Support Zone: $0.584 – $0.550

What’s Next:

Price may consolidate or retest the $0.584 area before the next move. If bulls defend this zone and reclaim $0.63, upside can resume. However, breaking below $0.55 could trigger deeper correction.

Trading Plan:

Re-entry on retest hold: $0.584 – $0.560

SL: $0.528

TP: $0.660 / $0.710

Breakout Entry: Above $0.715

Pro Tip:

Wait for bullish confirmation candles on support zones before entry—don’t chase the wick.

Buy and Trade here on $GHST

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